LomoCoin Profit Calculator or you can say LomoCoin ROI Calculator is a simple tool to calculate how much profit you would have made if you had invested in LomoCoin (LMC) in past. This helps you measure the return on investment (ROI) of LomoCoin (LMC) .
If you are looking for mining calc check it here: LomoCoin Mining Calculator
This LomoCoin Profit Calculator uses a simple mathematical principal to calculate the ROI of LomoCoin. It fetches the historical LomoCoin price from the database and compares with current LomoCoin Price and calculate the profit or loss made on it.
It does this simple calculation get the amount LomoCoin you would have got by investing x$'s on that day ($x/price of LomoCoin). Now it calculates the current price of that amount in USD (current LomoCoin price * amount of LomoCoin purchased in past). Now the return on investment (ROI) is calculated by dividing amount in USD today by amount invested and multiplying it by 100.
Mathmetical logic behind the same:
$invested_USD = USD invested in past date;
$historical_LMC_price = Price of LMC in past date;
$quantity_LMC = Quantity of LMC in past = $amount invested / $price_on_that_day;
$price_LMC = Current price of LMC;
$USD_today = ($price_LMC * $quantity_LMC) - $invested_USD;
$ROI = ($USD_today/$invested_USD)*100;
And if you want to check future price of LomoCoin you can check it here: LomoCoin Price Prediction. This predictions are based on various algorithms applied on the historical price of the LomoCoin.
If you have any query regarding the above calculator you can comment it in comment box below.
